No, it would be a total loss.

Natural disasters can devastate your property and the surrounding community, leading to job losses and the closure of shops and businesses.

In fact, you insisted that house was turnkey and that your "preferred" management company was suggesting unnecessary repairs (I did walk the house in person and they were 100% necessary).And yes, you did walk the property on a video chat with me, but what I found working with you is that I have to ask A LOT of questions because you are not forthcoming.

@Kelly Taylor If you are going to invest more in RE, wait until you have released losses to do the Roth conversion.

There are ways you could do this, but it sounds like you've already resigned yourself to the loss so I won't bother.

The most important thing is to ensure your loan is covered in the event of a loss.  

Not just the $730k example, but the multiple comments of loss after loss.

And people are accepting of the fact that your a 4-profit and not a charity, that we can't get into something at a loss or net-0. 

The other benefit to verify is if you have loss protection.

I don't mean to be negative and obviously, you are going to do what you want to do, but to put it in perspective, I bought one of my 1st properties in 1990 (at a peak), and sold at a significant loss in 1997, due to specific circumstances.